Thredd Powers Cashi's Stablecoin Card Expansion Plans

Thredd is supporting Cashi's stablecoin spending card rollout in Hong Kong, with plans to expand into Mexico by the end of 2026. The Cashi app allows users to hold and send digital assets, while its card can be used for everyday purchases.

The Hong Kong programme is now live, featuring virtual Visa cards and Google Pay support. According to Damien Gough, Head of APAC at Thredd, 'Launching a programme across markets as distinct as Hong Kong and Mexico requires technology that can support local payment requirements without compromising the consistency of the customer experience.'

Esther Wong, CEO of Cashi, stated that 'Thredd's experience supporting crypto card programmes, and its ability to support expansion across multiple markets made it the right issuer processing partner for Cashi.' The company plans to add physical cards and Apple Pay support in Mexico, as well as further market expansion.